Economics of environmental regime shifts
| Authors | |
|---|---|
| Publication date | 2013 |
| Series | CeNDEF Working Paper, 13-08 |
| Number of pages | 39 |
| Publisher | Amsterdam: Universiteit van Amsterdam |
| Organisations |
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| Abstract |
Economic consequences of critical transitions or regime shifts of ecological systems are a source of considerable concern. Though the underlying mechanisms are well-known, only since the advent of electronic computers the analysis of economic models exhibiting critical transitions can be attacked systematic- ally. In particular bifurcation theory allows to present the qualitative effects of parameter changes in a convenient way. This article gives an overview of recent economic literature dealing with potential environmental regime shifts with a focus on the lake model. |
| Document type | Working paper |
| Note | 21st August 2013 |
| Language | English |
| Published at | http://www1.fee.uva.nl/cendef/publications/papers/macro.pdf |
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